Football clubs and state aid (1 Viewer)

[Bassman]

Interesting article I read a week or so back regarding local authority involvement with football clubs.

http://www.bbc.co.uk/sport/0/football/22037966

Sobering reading for SISU and anyone else who thinks the council should either give the stadium over to CCFC for free, or give them overly favourable tenancy agreements.

 

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[James Smith]

Wonder if acting as a guarantor on the loan a financial institution makes to a club could land a local authority in hot water. Might affect Nottingham City Council and Nottingham Forest Football Club in that case, if the 10 years are counted as from the end of the deal.

 

[Colin1883]

Re: posted 2 weeks ago...

It seems sisu do read this forum...

 

[davebart]

In general terms, the rules are broken only when a public body acts in a way a private investor would not: so a fixed-term loan to a club at commercial rates is fine

 

[Ashdown1]

Re: posted 2 weeks ago...

It seems sisu do read this forum...

They probably make some of their decisions and get some of their ideas based on forums like these.

 

[ajsccfc]

It'd explain why talks break down if they get their cues from this place. They'd just call anyone not toeing the line a bumlicking apologist in a really shouty voice.